Although the law of one price holds for goods that are nearly uniform in characteristics and quality and easily traded in nearly perfectly competitive markets, many - if not most - goods are not like that. Goods of the same general type may be differentiated in important ways: a Lexus LS and a Ford Focus are both cars, yet they are very different cars, and there is no reason that their prices should be identical.
Game | Time | WPM | Accuracy |
---|---|---|---|
6357 | 2020-11-22 19:05:53 | 71.42 | 98% |
5808 | 2020-11-07 15:29:53 | 71.08 | 98% |